$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ I think the primary reason for the call it what it is shit pin action this morning on this ETF is most of the companies manufacture in Taiwan or China or get components from Taiwan and China and I believe that until there's clarification from Trump on which industries what companies are going to be subjected to tariffs I think this basket is limited, to put it mildly. I think if he does put tariffs on the Chinese auto companies or Mexican auto companies meaning cars built in Mexico shipped to the US I think he's not going to stymie the growth on the technology companies so we may just have to be patient until he comes out and says something and he may do it before he's inaugurated he may just come out with a little one sentence two sentences you know we'll take it into consideration you know we're not trying to hurt any of our companies in this country we want them to prosper and grow you know we'll come up with something that makes sense to them. I think that's what is going to be needed to see this basket go back up into the 40s let alone high 30s where it was a week ago